Corporate Buybacks Were So Last Year

Companies in the S&P 500 are on pace to spend the least on buybacks since 2012

The corporate buyback appears to be going out of style. S&P 500 companies are poised to have repurchased about $125 billion of their shares in the third quarter, in line with its quarterly average so far this year, according to data from INTL FCStone. That puts 2017 on pace for the least amount spent on buybacks since 2012. […]